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11-13-06 Special ...... HOUSING AND REDEVELOPMENT AUTHORITY MEETING MINUTES Richfield, Minnesota Special Meeting November 13, 2006 The meeting was called to order by Chair Sandahl at 7:08 p.m. HRA Members Present: Sue Sandahl; Martin Kirsch; Joan Heimberger; and Donna Drummond. HRA Members Not Present: David Gepner. Staff Present: Steve Devich, Executive Director; Bruce Palmborg, Community Development Director; Pat Smith, Community Development Manager; Nancy Gibbs, City Clerk; and John Dean, HRA Attorney. Item #1 HRA Attorney Dean presented Staff Report No. 82 and explained changes to the contract. HRA Attorney Dean also reminded people of the ground breaking ceremony at Cedar Point on Thursday, November 16 at 3:30p.m. M/Kirsch, S/Drummond that the followina HRA resolution be adopted. that it be spread in the HRA resolution book and that it be made part of these minutes: HRA RESOLUTION NO. 1004 RESOLUTION APPROVING FIFTH AMENDMENT TO CONTRACT FOR PRIVATE DEVELOPMENT HRA Special Meeting Minutes -2- November 13, 2006 Motion carried 4-0. This HRA Resolution appears as HRA Resolution No. 1004. Item #2 HRA Attorney Dean informed the HRA that a change would need to be made to the subordination agreement. M/Sandahl, S/Kirsch to direct HRA Attornev Dean to correct the first paae of the subordination aareement to reflect this Fifth Amendment. Motion carried 4-0. The meeting was adjourned by unanimous consent at 5:28 p.m. Date Approved: December 18>> 2006 '~~ ' ", --. Nancy Gibbs . City Clerk